From Autoblog

Aussie racing fans are in for a treat during the Australian Formula 1 Grand Prix this weekend, where the updated Lotus Exige GT3 will make its official debut. The revised racer is still packing the same supercharged 1.8-liter mill from the road-going Exige S, but it's been tweaked to created almost 350 hp and 224 lb.-ft. of torque (we're guessing through the use of a liquid-to-air intercooler and around 16 pounds of boost heaved into the built motor). Additionally, Lotus has revised the aero bits to increase downforce and reduce drag through the use of a lengthened nose (3 cm), a widened track (10 cm) and a rear section stretched by some 8 cm. Angelo Lazaris will be piloting the GT3 this weekend during the third round of the GT Championship.